QuasarEdge Acquisition over-allotment fully exercised; gross proceeds rise to $115M

QuasarEdge Acquisition Corp

Underwriters exercised over-allotment for 1.5M additional units at $10/unit, adding $15M in gross proceeds.
Total IPO units now 11.5M; aggregate gross proceeds of $115M.
Closing of over-allotment expected on April 21, 2026, subject to customary closing conditions.
Units trade on NYSE as QREDU; ordinary shares (QRED) and rights (QREDR) to list separately.
Polaris Advisory Partners (Kingswood Capital) acted as sole book-running manager.

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